The total number of single-family permits issued nationwide in the first quarter of the year rose by 6% between 2017 and 2018, rising from 188,593 permits issued in the first three months of 2017 to 199,861 permits issued in the first three months of 2018, according to the U.S. census.
Between March 2017 YTD and March 2018 YTD, single-family permit activity rose in 26 states, and 17 states, including California, recorded growth above 6.0%, concentrated mostly in the west and southeast. Idaho had the highest growth rate at 42.3%. Twenty-four states and the District of Columbia recorded a decline in single-family permit activity, and D.C. had the steepest decline at 69.1%, down from 145 in the first quarter of 2017 to 34 in the first quarter of 2018.
In the single-family sector, Texas led with 30,801 permits issued year-to-date in March 2018 and Florida came in second with 21,803 during this time. Meanwhile the lowest number came from the District of Columbia with 34 permits. The 10 states issuing the highest number of single-family permits combined accounted for 63.0% of the single-family permits issued.Read More